#2
Where the $7.5 billion purchase lands in a ranking of restaurant acquisitions by the amount spent. As far as public records show, the only larger outlay was the $11 billion Burger King paid for Tim Hortons.
$770.6 million
Amount Panera CEO Ron Shaich is likely to get for his stock holdings in the company he co-founded. As part of the deal, Shaich and unnamed affiliated parties have already agreed to tender their stock for JAB’s $315-per-share offer.
9
Number of retail coffee concepts, including the bagel chains Einstein Bros. and Noah’s, that are already part of JAB’s portfolio. The portfolio has cost the holding company an estimated $40 billion to assemble. Its total assets as of the end of 2016 were valued at $22.6 billion.
17X
Multiple of Panera’s EBITDA that JAB has agreed to pay for rights to the 2,000-store chain. EBITDA—earnings before interest, taxes, depreciation and amortization—is a key gauge of income.
20%
Premium over Panera’s stock-trading price that JAB has agreed to pay, or $315 per share.
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